Barron’s: Stocks Powering the Nuclear Resurgence

Nuclear energy is stepping into the spotlight as the global push for low-carbon energy accelerates. It’s earning the backing of some of the world’s most prominent tech companies, including Amazon, Alphabet and Meta, as a reliable and scalable energy source.

A recent Barron’s article, Nuclear Power Is Going Mainstream. These Stocks Stand to Benefit, highlights how this shift is driving performance in nuclear-related stocks and offers a closer look at several names building momentum thus far in 2025.

Nuclear Stock Highlights

• Oklo (4.30% of NLR assets) is developing advanced nuclear reactors designed to be smaller, faster to deploy and highly efficient. It has surged over 250% this year.
• BWX Technologies (6.03% of NLR assets), a U.S.-based nuclear tech and defense firm, recently hit a record high.
• Public Service Enterprise Group (5.84% of NLR assets), a New Jersey utility operating three nuclear plants, offers a more conservative angle, combining growth potential with a 3% dividend yield.

How to Find Diversified Nuclear Energy Exposure

For investors looking to tap into this trend, Barron’s focuses on the VanEck Uranium and Nuclear Energy ETF (NLR). The fund includes a balanced mix of holdings, from emerging players like Oklo to utilities and technology leaders.

Data as of 7/25/2025 unless otherwise indicated.